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in. there are very big bridges that mr. morsi us to try to build up the moment. the opposition has said it is going to continue to fight against the constitution. what it has done is paved the way for parliamentary elections to be held in egypt in the next two months. what the opposition says it is going to do is campaign on that and then when they get into parliament, fight against it as well. few people expect to see the kind of division we have seen recently been dealt with any time soon. >> is that difficult for the liberals to spin? say they are in parliament fighting this. if the electors as we have stability. and we have it, can they sell that? >> the opposition faces a test. it has managed to unify itself more than in recent months over this referendum. they're going to try to capitalize upon that, whether they can manage that is another question. also, both parties have to deal with egyptians who want stability and want everything to calm down. the country faces all sorts of challenges and president morsi also faces challenges. the economy is in a terrible state. look abou
to burst in shanghai. our top story, the leader of the democratic majority in the u.s. senate says politicians are running out of time to avoid the budget crisis known as the fiscal cliff. every reed said democrats and republicans had to stop squabbling to have any chance at which an agreement by december 31st and higher taxes and spending cuts will automatically take effect. president obama has cut short his holiday to revive the talks. >> if we go over this cliff, the house of representative with four days left are not here with the speaker having told him that he will have 458 hours' notice. i cannot imagine their conscience out there wherever they are around the country and we are trying to get something done. >> why is the american economy teetering on the edge of the cliffs? these are some of the things that president obama is trying to prevent with the return to the lighthouse. an employment has fallen to a four year low and currently stands at 7.7%. no deal could mean 2.1 million jobs disappearing parent to it would equate to a contraction of 1.5% in the value of all goods
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